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NEW QUESTION 31 Which item describes the use for the Currency dimension property Triangulation Currency?

• A. The ability to calculate foreign exchange rates
• B. The ability to force translations
• C. The ability to input foreign exchange rates
• D. The ability to report in multiple currencies
• E. The ability to calculate CTA (Cumulative Translation Adjustment)

Answer: A   NEW QUESTION 32 Which four items are active components of the Currency dimension? (Choose four.)

• A. Reporting Currencies
• B. Entity Currency Adjustments
• C. Translated Currencies
• D. Input Currencies
• E. Entity Currency
• F. Parent Currency

Answer: A,B,D,F Explanation: You can create journals using the Entity Currency of the Currency dimension as well as Input Currencies for both Entity Input and Translated Currency Input.   NEW QUESTION 33 A company is based in the United Kingdom and has an application currency set to GBP. The company collects data from a United States based subsidiary. The subsidiary's functional currency is USD. Which two items facilitate the reporting of the subsidiary's Common Stock balance at an historical rate in the GBP reporting currency? (Choose two.)

• A. USD must be created as a reporting currency.
• B. The subsidiary must have a parent entity with a GBP currency.
• C. Common Stock must have an Exchange Rate Type set to Historical Rate Override.
• D. The subsidiary must have a balance not equal to zero in Common Stock.
• E. Common Stock must have a Data Storage property set to Never Share.

Answer: B,D   NEW QUESTION 34 ......